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BODY CORPORATE AND COMMUNITY MANAGEMENT (SMALL SCHEMES MODULE) REGULATION 2020 - REG 150
Return of body corporate property [SM, s 235]
150 Return of body corporate property [SM, s 235]
(1) This section applies if— (a) a person has possession or control of any
of the following property (the
"specified property" )— (i) a body corporate asset for a community titles
scheme;
(ii) a record or other document of a body corporate; and
(b) the
person took possession or control of the specified property in the person’s
capacity, or purportedly in the person’s capacity, as— (i) a member, or an
associate of a member, of the body corporate or of the committee; or
(ii) a
body corporate manager or service contractor, or an associate of a body
corporate manager or service contractor; or
(iii) the original owner; and
(c) the person is served with a prescribed notice requiring the person to
give, within 14 days after the person is served with the notice, the
specified property to— (i) the treasurer or secretary as named in the
notice; or
(ii) if a body corporate manager is acting under a chapter 3 ,
part 5 engagement—a member of the body corporate who is named in the notice.
(2) The person must comply with the notice. Penalty— Maximum
penalty—20 penalty units.
(3) The person may not claim a lien on
specified property mentioned in subsection (1) (a) (ii) .
(4) In this
section—
"prescribed notice" means— (a) a notice of a resolution of the committee; or
(b) if a body corporate manager is acting under a chapter 3 , part 5
engagement—a notice signed by or for the owners of at least one-half of the
lots included in the scheme.
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